Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Oppenheimer Holdings Inc , where a total volume of 594 contracts has been traded thus far today, a contract volume which is representative of approximately 59,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 73.8% of OPY's average daily trading volume over the past month, of 80,505 shares.

Looking at the universe of stocks we cover at Dividend Channel, on 5/10/17, Oppenheimer Holdings Incorporated will trade ex-dividend, for its quarterly dividend of $0.11, payable on 5/26/17. As a percentage of OPY's recent stock price of $17.10, this dividend works out to approximately 0.64%, so look for shares of Oppenheimer Holdings Incorporated to trade 0.64% lower — all else being equal — when OPY shares open for trading on 5/10/17.

Shareholders of Oppenheimer Holdings Inc looking to boost their income beyond the stock's 2.6% annualized dividend yield can sell the June covered call at the $17.50 strike and collect the premium based on the $1.15 bid, which annualizes to an additional 20.8% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 23.4% annualized rate in the scenario where the stock is not called away. Any upside above $17.50 would be lost if the stock rises there and is called away, but OPY shares would have to advance 3.2% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 10% return from this trading level, in addition to any dividends collected before the stock was called.

Looking at the universe of stocks we cover at Dividend Channel, on 2/8/17, Oppenheimer Holdings Incorporated will trade ex-dividend, for its quarterly dividend of $0.11, payable on 2/24/17. As a percentage of OPY's recent stock price of $17.10, this dividend works out to approximately 0.64%, so look for shares of Oppenheimer Holdings Incorporated to trade 0.64% lower — all else being equal — when OPY shares open for trading on 2/8/17.

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Oppenheimer Holdings Incorporated presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

Looking at the universe of stocks we cover at Dividend Channel, on 11/8/16, Oppenheimer Holdings Incorporated will trade ex-dividend, for its quarterly dividend of $0.11, payable on 11/25/16. As a percentage of OPY's recent stock price of $13.90, this dividend works out to approximately 0.79%, so look for shares of Oppenheimer Holdings Incorporated to trade 0.79% lower — all else being equal — when OPY shares open for trading on 11/8/16.

Looking at the universe of stocks we cover at Dividend Channel, on 8/10/16, Oppenheimer Holdings Incorporated will trade ex-dividend, for its quarterly dividend of $0.11, payable on 8/26/16. As a percentage of OPY's recent stock price of $15.95, this dividend works out to approximately 0.69%, so look for shares of Oppenheimer Holdings Incorporated to trade 0.69% lower — all else being equal — when OPY shares open for trading on 8/10/16.

Looking at the universe of stocks we cover at Dividend Channel, on 5/11/16, Oppenheimer Holdings Incorporated will trade ex-dividend, for its quarterly dividend of $0.11, payable on 5/27/16. As a percentage of OPY's recent stock price of $14.14, this dividend works out to approximately 0.78%, so look for shares of Oppenheimer Holdings Incorporated to trade 0.78% lower — all else being equal — when OPY shares open for trading on 5/11/16.